PRUPIM secures PGS for The Heights at Weybridge

PRUPIM has secured Norwegian Geophysical services group, Petroleum Geo-Services (PGS) for a 75,381 sq ft letting at building No.4, The Heights, Weybridge, Surrey.

PGS have taken a 15-year lease with a 10-year break and will move from their present headquarters in Walton on Thames to the PRUPIM owned scheme in Weybridge.

The Heights is a five building speculative development totalling 350,000 ft², the tenants include Alliance Boots, KIA Motors, BP International, Daikin and Gearbulk (UK). Two further buildings, providing another 275,000 ft² are occupied by Sony and Proctor and Gamble. There is now 114,000 sq ft available at The Heights arranged over 3 buildings.

Peter Best, Head of Asset Management for PRUPIM commented ‘We are delighted to announce that PGS are the latest occupier to move to The Heights. This is the biggest letting in the Thames Valley office market so far in 2008 and further reinforces the building quality and excellent environment at The Heights.’

CB Richard Ellis and King Sturge represented PRUPIM, PGS were represented by Knight Frank
PGS is a focussed Geophysical Services Company based in Lysaker, Norway and listed on the Oslo exchange and provide an extensive range of seismic services and products for the petroleum industry including data acquisition, processing, reservoir analysis and interpretation.

04/06/2008